GBPUSD
The Sterling has extended gains as lawmakers take control of Parliament and fears of a no-deal Brexit eased. Focus on the daily resistance level of 1.2364. In order for the GBPUSD rise to gain more momentum, it needs to break out and stay above 1.2364 on a daily basis. Should this occur, we will watch the 1.2428 resistance level. Otherwise, the support levels can be seen at 1.2286 and 1.2205.
Support : 1.2286 - 1.2205 - 1.2110
Resistance : 1.2364 - 1.2428 - 1.2502
06 Sep 19 (Fri)
06:50 am
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